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High Rock Lake Exclusive Land Development Opportunity HIGH ROCK LAKE WINSTON-SALEM GREENSBORO 40 40 74 54 40 87 49 LEXINGTON STATESVILLE 16 109 SALISBURY HIGHROCK LAKE 85 OVER 77 TUCKERTOWN RESERVOIR LAKE NORMAN 73 UWHARRIE 300 miles CONCORD NATIONAL FOREST 485 MORROW 24 OF SHORELINE NATIONAL STATE PARK 211 CHARLOTTE NORTH CAROLINA SOUTH CAROLINA York 5,500 ACRES OF LAKEFRONT ACCESS ON THE 2ND LARGEST LAKE IN NORTH CAROLINA HIGH ROCK LAKE, NORTH CAROLINA FOR SALE PROPERTY INFORMATION 02 HIGH ROCK LAKE ±5,500 ACRES TO BE DEVELOPED PROPERTY LOCATION ZONING: Multifamily/Residential CITIES: High Rock, Southmont, Yadkin Davidson, Davie, Montgomery, COUNTIES: Rowan, Stanly Charlotte, Concord, North Carolina, MSA: South Carolina LOCATIONAL HIGHLIGHTS Direct access to Interstate 85 (I-85), which runs through the northern most part of High Rock Lake. Three primary interstate exits off I-85: Exits 91, 86 and 81. HIGH ROCK DAM INVESTMENT HIGHLIGHTS $ Strategic investment and development opportunity on the 2nd largest lake in North Carolina in one of the Top 20 fastest growing areas in the country. High Rock Lake represents an attractive project to mirror the multifamily and residential development success that boomed in the 1990s off Interstate 77 (I-77) to the west at Lake Norman, which currently has limited space available to expand. TUCKERTOWN RESERVOIR Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC HIGH ROCK LAKE 03 GENERAL LAKE INFORMATION AREA: 15,180 Acres LENGTH: 23.72 Miles SHORELINE LENGTH: 365 Miles AVG. DEPTH: 15 Feet HIGH ROCK MAXIMUM DEPTH: 52 Feet LAKE ELEVATION: 655 Feet NAMED AFTER “HIGH ROCK MOUNTAIN” WATER VOLUME: 234,866 Feet IN NEIGHBORING UWHARRIE MOUNTAINS Serves as a boundary between Davidson and Rowan counties YEAR BUILT: 1928 Begins at the confluence of the Yadkin River and the South Yadkin River 38-Mile Section of Yadkin River Includes 4 Dams: • Narrows Dam (1917) YADKIN PROJECT: • Falls Dam (1919) • High Rock Dam (1927) • Tuckertown Dam (1962) Public boat ramps are located at Tamarac Marina (Fee) and at Wildlife ACCESSIBILITY: Access, by the Second Creek bridge on Bringle Ferry Road. OVER 300 MILES OF SHORELINE | 2ND LARGEST LAKE IN NORTH CAROLINA Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC AREA PHOTOGRAPHY 04 Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC MACRO MAP 05 VIRGINA ACCESSIBILITY NORTH CAROLINA • 2 Miles from I-85 • 20 Miles from I-74 77 • 30 Miles from I-40 WINSTON - SALEM GSO 85 LOCATIONAL HIGHLIGHTS GREENSBORO • Approx. 30 miles 40 DURHAM 540 40 from Lake Norman RDU HIGH POINT RALEIGH • Approx. 35 miles STATESVILLE LEXINGTON 440 HICKORY from Greensboro 77 RUQ • Approx. 40 miles HIGHROCK ASHBORO 85 LAKE from Charlotte MOORESVILLE 74 40 • Approx. 50 miles LAKE NORMAN TUCKERTOWN from Piedmont Triad RESERVOIR CONCORD VUJ International Airport (GSO) MORROW NATIONAL STATE PARK • Approx. 70 miles UWHARRIE 85 485 NATIONAL from Winston-Salem FOREST CLT NORTH CAROLINA CHARLOTTE PINEHURST 95 • Approx. 100 miles SOUTH CAROLINA FORT BRAGG from Raleigh, NC MATHEWS 295 FAYETTEVILLE • Approx. 80 miles ROCKINGHAM from Charlotte-Douglas International Airport (CLT) N • Approx. 100 miles from Raleigh-Durham International Airport (RDU) CLT - Charlotte Douglas International Airport RUQ - Mid-Carolina Regional Airport LOCATED IN BETWEEN GSO - Piedmont Triad International Airport VUJ - Stanly County Airport 2 MAJOR AIRPORTS RDU - Raleigh-Durham International Airport Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC AREA DEMOGRAPHICS 06 2018 DAYTIME POPULATION COUNTY INFORMATION Approx. 90% of land is located in Rowan, Davidson & Stanly counties with additional smaller land tracts in Davie and Montgomery counties. Nearly 450,000 total population from all five counties. * 38% 62% POPULATION & PROJECTED ANNUAL GROWTH RATE FOR EACH COUNTY WORKERS RESIDENCES 42,975 0.7% 4040 GuilfordGUILFORD 74 DAVIE HHIGHiigh PPOINToiintt 601 TOTAL POPULATION COUNTYDavie 52 40 29 64 Lexington Statesville DAVIDSONDavidson COUNTY 109 109 64 RandolphRANDOLPH 70 Salisbury 169,701Randolph 447,201 485,651 ROWAN High HIGHROCRock KLake 0.6% 2018 2023 COUNTYRowan LAKE 8585 Kannapolis 73 73 49 49 52 73 UWHARRIEUwharrie 144,302Huntersville ConcordCONCORD HUNTERSVILLE NATIONALNational CABARRUS FORESTForest 27,593 0.5% Cabarrus MORROW 24 MEDIAN HOME VALUE 485485 NATIONAL STATE PARK 0.2% Montgomery STANLYStanly MecklenburgMECKLENBURG 62,630 MONTGOMERY 601 COUNTY CHARLOTTECharlotte 0.4% COUNTY $150,585 74 $183,288 UnionUNION RICHMOND 2018 2023 * 2018-2023 Annual Rate Source: ESRI Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC KEY FACTS 07 NORTH CAROLINA PROPERTY TAX 0.85% Effective Based on a home valued at $250,000, and under the average effective property tax rate of 0.85%, North Carolina residents paid $2,138 in property taxes for 2018. Annual Property Under North Carolina law, residential and commercial real property in North Carolina must be reassessed for property tax purposes at least once every eight years. Rate Did you know? North Carlina has the lowest property tax in the U.S. (source: Economic Development Partnership of North Carolina) NORTH CAROLINA CHARLOTTE RANKINGS RALEIGH RANKINGS RANKINGS RANKINGS RANKINGS #1 Best State for Business (Forbes, 2018) #19 Fastest Growing City (Forbes, 2018) #2 Best Place for Business & Careers (Forbes, 2018) #2 State with Best Business Climate (Forbes, 2018) #5 Best Place for Business & Careers (Forbes, 2018) #8 Best City for Jobs (Forbes, 2018) #22 Best Place to Live in the U.S. (U.S. News & World #2 Best Place to Live Report, 2018) COST OF LIVING Durham: Home to (1) one Fortune 500 Company U.S. North Carolina Charlotte Greensboro Raleigh/Durham Greensboro/Winston Salem: Home to (4) four Fortune 500 Companies 100 96.2 97.2 91.5 90.6 Charlotte: Home to (6) six Fortune 500 Companies Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC Davie NC-8 LOCAL AMENITIES 08 85 LEXINGTON SELECTED LOCAL AMENITIES EXIT 91 64 1 TJ’s High Rock Lake Restaurant & Lounge 85 85 Davidson 2 Lakeview Family Restaurant L I 3 N Eagle Point Nature Preserve O W EXIT 86 4 Salisbury Elks River Park O D 5 Mimi’s Bait & Tackle S Randolph O 6 High Rock Marina and Campground 85 U T H 7 Tamarac Marina & Campground M O 5 ASHEBORO 8 Moose Lodge Camping Ground 17 N T 11 64 R 9 Golden Pond Campground D EXIT 81 LO 10 North Carolina Wildlife Access NG FE 16 RR 6 11 Piedmont Boat Club 9 Y 85 RD SALISBURY 12 Old North State Club 8 B RI 13 Dan Nicolas Miniature Golf NGL 4 EXIT 76 E F 1 10 NC-8 14 McCanless Golf Course 15 ER RY RD 15 Corbin Hills Golf Course 13 HIGHROCK LAKE 16 Rolling Hills Golf Club Dan 17 The Revival Golf Course at The Crescent Nicholas 7 Rowan Park 2 14 3 High Rock Hydroelectric Uwharrie National Powerhouse Forest Tuckertown 52 Reservoir N VUJ 12 HIGH ROCK 2 Miles LAKE 85 52 Less than 5 Miles Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC VIRGINA S NORTH CAROLINA ILE M 90 77 S ILE M 85 0 6 40 DURHAM S 540 ILE 40 M 0 RALEIGH DRIVE DISTANCE3 (BY MILEAGE) 440 09 HICKORY 77 HIGHROCK VIRGINA 85 S NORTH CAROLINA LAKE ILE M 90 74 40 LAKE 77 NORMAN TUCKERTOWN RESERVOIR MORROW NATIONAL S 485 ILE STATE PARK M 85 0 UWHARRIE 6 485 85 NATIONAL 40 DURHAM FOREST S 540 ILE 40 M NORTH CAROLINA 0 RALEIGH 3 PINEHURST I-85 WIDENING & 95 440 SOUTH CAROLINA HICKORY IMPROVEMENTS FORT BRAGG 77 295 485 6-Lane Highway (current) IGHROC 85 H K LAKE FAYETTEVILLE 74 40 LAKE NORMAN EXPANSION TO 6-LANES ROCKINGHAM TUCKERTOWN RESERVOIR In-Progress MORROW NATIONAL 485 STATE PARK UWHARRIE 85 485 NATIONAL FOREST NORTH CAROLINA PINEHURST 95 SOUTH CAROLINA FORT BRAGG 295 485 FAYETTEVILLE ROCKINGHAM N Source: North Carolina Department of Transportation Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC I-85 T-3 0.30 Ac. D D a v a Davidson Co. i v d i s I-85 T-1 e o 0.55 Ac. C n o C u o n Davidson Co. u t y n 3 I-85 T-2 t t y 1.02 Ac. e e 8855 h S e n i l h c t a 64 M Davie Co. P-3 342 Ac. Davie Co. Y P-2 a 270.6 Ac. d k i n 85 Y ad Davidson Co. k Davidson Co. in 150 47 P-19 P-1 4.4 Ac. R 130 Ac. iv M e Davidson Co. a R r t iv c P-20 an Co. e 85 h 20.30 Ac. r l i n c. e Co. S Davidson Co. h . e Rowan Co. Davidson Co. Davidson Co. P-5 Davidson Co. e P-48 P-5 t 124.46 Ac. P-9 19.2 Ac. 124.46 Ac. P10-9.3 Ac. 4 10.3 Ac. Davidson Co. P-21 SITE PLAN S o k Rowan Co. 10 u 89.9 Ac. t e n Co. P-49 h e 85 r 64.1 Ac. P C o Davidson Co. tt s s P-21A C t oad 150 re t R 9.31 Ac. 47 ek o P h Churc Davidson Co. Jersey h . P-4 t r DPa-8vidson Co. 70.09 Ac. o N P1-58.7 A .
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